Bokf Na Buys New Position in AlTi Global, Inc. (NASDAQ:ALTI)

BOKF NA bought a new stake in AlTi Global, Inc. (NASDAQ:ALTI - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 595,894 shares of the basic materials company's stock, valued at approximately $2,407,000. BOKF NA owned about 0.43% of AlTi Global at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Barclays PLC increased its stake in shares of AlTi Global by 264.8% during the third quarter. Barclays PLC now owns 44,457 shares of the basic materials company's stock worth $167,000 after acquiring an additional 32,269 shares during the period. JPMorgan Chase & Co. increased its position in AlTi Global by 16.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,092 shares of the basic materials company's stock worth $101,000 after purchasing an additional 3,925 shares during the period. Bank of New York Mellon Corp raised its stake in shares of AlTi Global by 5.7% during the 4th quarter. Bank of New York Mellon Corp now owns 81,965 shares of the basic materials company's stock worth $361,000 after buying an additional 4,411 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of AlTi Global by 8.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 467,415 shares of the basic materials company's stock valued at $2,061,000 after buying an additional 34,798 shares during the period. Finally, Granite FO LLC lifted its stake in shares of AlTi Global by 216.6% in the fourth quarter. Granite FO LLC now owns 15,830 shares of the basic materials company's stock valued at $70,000 after purchasing an additional 10,830 shares during the period. 3.57% of the stock is currently owned by hedge funds and other institutional investors.

AlTi Global Price Performance

ALTI traded up $0.21 on Tuesday, hitting $3.65. 110,838 shares of the company were exchanged, compared to its average volume of 142,573. The firm has a market capitalization of $519.17 million, a P/E ratio of -2.09 and a beta of 0.75. The company has a debt-to-equity ratio of 0.17, a quick ratio of 4.05 and a current ratio of 4.05. The business's fifty day moving average is $3.12 and its 200 day moving average is $3.78. AlTi Global, Inc. has a fifty-two week low of $2.33 and a fifty-two week high of $5.45.

AlTi Global (NASDAQ:ALTI - Get Free Report) last issued its quarterly earnings data on Thursday, March 13th. The basic materials company reported ($0.63) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.65). The firm had revenue of $53.33 million for the quarter, compared to analyst estimates of $74.60 million. AlTi Global had a positive return on equity of 2.31% and a negative net margin of 41.51%. During the same period in the prior year, the firm posted ($0.88) earnings per share. As a group, sell-side analysts anticipate that AlTi Global, Inc. will post -0.14 EPS for the current year.

About AlTi Global

AlTi Global, Inc provides wealth and asset management services individuals, families, foundations, and institutions in the United States, the United Kingdom, and internationally. It operates through two segments, Wealth Management and Strategic Alternatives. The company offers discretionary investment management, non-discretionary investment advisory, and investment management and advisory services.